Form 4: Hercules Capital Director Gayle Crowell Acquires Shares in Lieu of Cash Compensation

Director Gayle Crowell acquired 5,999 shares of Hercules Capital, Inc. common stock at an average price of $17.49, opting for stock in lieu of cash compensation.

Summary

• Gayle Crowell, a director of Hercules Capital, Inc., acquired 5,999 shares of common stock on May 8, 2025.
• The shares were purchased at an average price of $17.49.
• This acquisition was made as Crowell elected to receive stock in lieu of cash compensation for her role as a director.
• Following the transaction, Crowell directly owns 69,344 shares of Hercules Capital, Inc.
• This total includes dividend reinvestment shares acquired on August 20, 2024, November 20, 2024 and March 5, 2025.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. A director taking stock in lieu of cash compensation suggests confidence in the company's future, but it's a relatively small transaction.

Positives

• A director's decision to take shares in lieu of cash compensation can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely watched as indicators of management's sentiment about the company's prospects. A director accepting stock in lieu of cash compensation is generally viewed positively.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Hercules Capital, HTGC, Director, Share Acquisition, Form 4, Insider Transaction, Gayle Crowell, Stock Compensation